Latest Updates

Not Just Another PSD2 Piece for the Holidays!

PSD2 increases the level of user authentication required for the payment service, with the purpose of ensuring that Payment Service Providers (PSPs) can be confident in the authenticity of users.

Strong Customer Authentication

PSD2 requires PSPs to apply “Strong Customer Authentication” (SCA) in cases where an organization or consumer attempts to access their payment accounts online, initiates an electronic payment transaction or “carries out any action through a remote channel which may imply a risk of payment fraud or other abuses.”

In PSD2, SCA must have two-factor authentication or multi-factor authentication (*1). Therefore, authentication procedures must use two or more of the following elements, categorized as knowledge, ownership, and inherence:

Something only the user knows, “what you know,” i.e., username and password, personal identification number (PIN)

• Security Measures: Adoption of security measures to ensure confidentiality, authenticity, and integrity of the information displayed through all phases, including generation, transmission, and use of the authentication code,

KOBIL Digitanium Suite was designed to respond to a growing demand from financial institutions and their clients for a multi-channel digital identity, transaction signing, and trusted workflow solution. It enables strong authentication and personal signatures with an audit trail using a secure, scalable and cost-effective infrastructure.

KOBIL Digitanium Suite uses a trusted and reliable Public Key Infrastructure (PKI), as well as KOBIL virtual smart cards and KOBIL Digitanium high trust environment and is based on common and widely used industry standards.

(*1) Two-factor authentication uses two factors, as the name implies, and Multi-Factor Authentication uses two or more factors. If multi-factor authentication has only two factors, it can be called either MFA or 2FA.

Subscribe for KOBIL

Learn more about digitanium with KOBIL!

Name:

Email:

I agree that KOBIL may use the information I provided in accordance with this privacy policy and may also provide additional marketing-related communications. KOBIL will use all information provided here solely in accordance with the privacy policy.

Download Whitepapers

I agree that KOBIL may use the information I provided in accordance with this privacy policy and may also provide additional marketing-related communications. KOBIL will use all information provided here solely in accordance with the privacy policy.

Get a Live Demo

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy